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Dec 30, 2013
12/13
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FBC
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rich: what do you think about as far as without corporate tax reform, the think tax reform is really the type of catalyst that people say it is? >> well, it's a question of who knows for the average your out there that dividend is tax favored you can get long-term capital gains treatment which is very important. rich: to you feel as the markets are concerned about the fed pulling back? the most interest rates will rise. how fast it happens, that is what the fed is trying to control. and elsie inflation on the horizon that will fuel the concerns. we have done the overall economy. still more to come, more advice for your money in the new year and what is the real reason behind the ears resolutions. why do we make the men break-in? we will be back. ♪ the and we are me. he is allies. research editor and analyst and a principal cio. i want to talk with you first, dan. what you think about that? >> well, i don't like companies that don't make money. and i don't like companies that trade for exorbitant multiples of earnings when i really can't understand how they are worth that much. it i
rich: what do you think about as far as without corporate tax reform, the think tax reform is really the type of catalyst that people say it is? >> well, it's a question of who knows for the average your out there that dividend is tax favored you can get long-term capital gains treatment which is very important. rich: to you feel as the markets are concerned about the fed pulling back? the most interest rates will rise. how fast it happens, that is what the fed is trying to control. and...
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117
Apr 23, 2013
04/13
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CNBC
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eye 117
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he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening, eamon. >> good evening, larry. the new details are that the law and lobbying firm green and troutwig has received and is responding to a subpoena from the s.e.c. in this matter. they are involved in a situation here, because the allegation is that a separate firm called hight securities sent a tip to wall street clients that changes were coming to medicare. there was an employee involved in the chain of communication of e-mails of some of this information. now greenbergtroutwig also saying today they're going to get out of the business of so-called political intelligence. that's when firms in
he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening,...
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91
Apr 25, 2013
04/13
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CNBC
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eye 91
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intuit cutting its 2013 outlook citing a tough tax season. ever since it reported better than expected earnings, that stock has been on a tear. >> rick is tracking the action at the cme. stocks held up pretty well on hagel's comments. what about the bond market? >> seems unaffected by just about everything. we had a pretty good seven year note auction. notice the scale. these are really compressed ranges. if you open it up you can really see what's going on. here is where the reigns are big. if you open the chart up, these are the. >> and brief flash. the fake ap tweet made everyone see how much of a role social media plays into these markets these days. >> we saw the dow jones industrial average go from a gain of 135 points to negative 12 in under a minute and a half. >> it says breaking -- two explosions in the white house. barack obama is injured. >> immediately people started trying to confirm whether or not that report was true. >> all of the sudden everybody started yelling the bids are coming out. >> the markets always react to rumors.
intuit cutting its 2013 outlook citing a tough tax season. ever since it reported better than expected earnings, that stock has been on a tear. >> rick is tracking the action at the cme. stocks held up pretty well on hagel's comments. what about the bond market? >> seems unaffected by just about everything. we had a pretty good seven year note auction. notice the scale. these are really compressed ranges. if you open it up you can really see what's going on. here is where the reigns...
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55
Apr 22, 2013
04/13
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KRCB
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eye 55
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when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional portions that it brings up? >> the supreme court said in 1992, a time we were talking about catalogs. that that time, state laws were too complex for everyone. guess what? we are in a different day and age, everyone knows electronic commerce, the internet is here to take. it's robust and what you have now is because congress has not acted you are giving a subsidy to online retailer that is not needed. what we need to do is treat everyone the same. if you have customers in a state with a sales tax, you should collect and remit. >> steve, you got the first
when amazon.com began to collect sales tax. there was not a rush of customers from amazon to the main street. reason? >> they do not buy online to avoid sales tax, they buy online for lower prices, choices and convenience. the internet is here to stay. and businesses turn to the internet to reach customers. those are the ones that will run head long into the border less world that david talks about. now it's without borders for the tax department. >> address the constitutional...
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224
Apr 1, 2013
04/13
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CNBC
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eye 224
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a new property tax cap... and the lowest middle class income tax rate in 60 years... and a billion dollars in tax breaks and incentives. new opportunities for business. over 250,000 new private sector jobs were created over the last two years. and 17 straight months of job growth. with the most private sector jobs ever. lower taxes, new incentives, new jobs, now that's news. to grow or start your business in the new new york visit thenewny.com with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> >>> welcome back. technology stocks have led this decline on wall street so far today. see ma ma mody has details. >> take a look at ebay. higher on an upgrade. the an
a new property tax cap... and the lowest middle class income tax rate in 60 years... and a billion dollars in tax breaks and incentives. new opportunities for business. over 250,000 new private sector jobs were created over the last two years. and 17 straight months of job growth. with the most private sector jobs ever. lower taxes, new incentives, new jobs, now that's news. to grow or start your business in the new new york visit thenewny.com with fidelity's new options platform, we've...
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Jan 17, 2013
01/13
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CNBC
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eye 216
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there's tax issues we might revis revisit. real quickly, the spreads are starting to widen. maybe that's why businesses really at that point in these markets while the tapping is good. >> thank you, rick. survey monkey. it's a web-based survey company has raised $800 million in debt. one of the largest and one of its newest investors happens to be google. kayla tausch has been following this. >> thank you, dave, for being here. rare east costa peerns to announce this newest round of funding. $800 million. no small amount. more than most spaul public companies raise going public. >> we've been working on this for over a year. we decided there's a lot of good reasons to go public. if you need capital, you need equity and if you just need liquidity and you could find that from being private, we said if there's a good way to do it and get liquidity for investors and employees was do that. we brought in new equity and brought in debt. >> raising debt for a private growth-oriented technology company. not something that happens very often. i know you had meetings with those investo
there's tax issues we might revis revisit. real quickly, the spreads are starting to widen. maybe that's why businesses really at that point in these markets while the tapping is good. >> thank you, rick. survey monkey. it's a web-based survey company has raised $800 million in debt. one of the largest and one of its newest investors happens to be google. kayla tausch has been following this. >> thank you, dave, for being here. rare east costa peerns to announce this newest round of...
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62
Mar 3, 2013
03/13
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CSPAN
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eye 62
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>> yes, if it were a smaller number. >> there are some people proposing to increase taxes to cover half of it, and still have some cuts. you would not have to furlough anyone if you had only $300 million in cuts as opposed to $600 million in cuts? >> we are focused on what we can do with contracts and our planning is that the $627 million level. we have not seen an alternative to that. >> the nexgen program -- i guess there are three programs related to implementation and developing this modernization program. do you have any idea of what you cost overruns are customer >> -- are? >> our program is within its baseline budget. you might be looking at the plan we we authorized a couple of years ago. >> of the three key modernization programs, the cost overruns have a combined total of about $4 billion, so my question is, where does the $4 billion come from if we have as much cost overrun trying to modernize the faa? where does that come from? $4 billion against $600 million in cuts for the faa, where does that money come from? where are you getting that money to continue to have inefficien
>> yes, if it were a smaller number. >> there are some people proposing to increase taxes to cover half of it, and still have some cuts. you would not have to furlough anyone if you had only $300 million in cuts as opposed to $600 million in cuts? >> we are focused on what we can do with contracts and our planning is that the $627 million level. we have not seen an alternative to that. >> the nexgen program -- i guess there are three programs related to implementation...
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34
Dec 17, 2013
12/13
by
CNBC
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eye 34
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that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows more businesses... we're open to it. start a tax-free business at startup-ny.com. ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck. get the most extensive charting wherever you are with the mobile trader app from td ameritrade. wherever you are with the mobile trader app (voseeker of the sublime.ro. you can separate runway ridiculousness... from fashion that flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (natalie) ooooh, i like your style. (vo) so do we, business pro. so do we. go national. go like a pro. >>> welcome back, everybody. street talk time. we hit th
that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows more businesses... we're open to it. start a tax-free business at startup-ny.com. ♪ ♪ ♪ [ tires screech ] chewley's finds itself in a sticky situation today after recalling its new gum. [ male announcer ] stick it to the market before you get stuck....
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48
Oct 9, 2013
10/13
by
CNBC
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eye 48
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interesting things that a lot of these members of congress focused on, though, is that medical devices tax that's part of obama care. a number of members of congress mentioned that to me as one thing if it was included in a final deal could be a sweetener, that might help get them a short term cr and debt ceiling limit increase with a little cave by the democrats. the question is whether or not the democrats are willing to cave on that or anything at this point. it's up in the air as we talk right now, guys. >> eamon javers, keep grilling them until you get the answer you want. >> will do. >> what should investors do if anything to position their portfolios ahead of a potential default. let's ask the portfolio of a small cap fund. you've come along with three great ideas. before we get to those on the macro point of view if a client calls up and says i'm a little worried about this default thing, not sure what to do, do you say to them panic, sell, or this, too, shall pass? >> i say i give them the same speech i gave them on benghazi on syria the irs scandal on the taper that we've been ta
interesting things that a lot of these members of congress focused on, though, is that medical devices tax that's part of obama care. a number of members of congress mentioned that to me as one thing if it was included in a final deal could be a sweetener, that might help get them a short term cr and debt ceiling limit increase with a little cave by the democrats. the question is whether or not the democrats are willing to cave on that or anything at this point. it's up in the air as we talk...
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70
Jun 19, 2013
06/13
by
CNBC
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eye 70
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to an individual investor, that kk is tax deferred. it's a return on capital so you're getting cash returns of 8.8% with a tax liability deferred into the future. we're comfortable with it. just yesterday, for instance, i spoke with the ceo of barry petroleum. he said they're committed to the deal. their experts have looked at linn's accounting and they feel very comfortable and they're committed to the deal. >> i saw your comments on the street yesterday. i wanted to get back to that. we saw the stock moving as you were just talking about it. let's switch topics if we could for a moment because you have done something here for the first time that you have done in your entire career. that being file a lawsuit against a company of a stock that you own and a stock that you like, a stock you have mentioned on this show. meme may not realize the name because we don't talk about it that often, but it's tetragon financial group. >> it's very complex but in my opinion, and this is an opinion, their management and board members should be barre
to an individual investor, that kk is tax deferred. it's a return on capital so you're getting cash returns of 8.8% with a tax liability deferred into the future. we're comfortable with it. just yesterday, for instance, i spoke with the ceo of barry petroleum. he said they're committed to the deal. their experts have looked at linn's accounting and they feel very comfortable and they're committed to the deal. >> i saw your comments on the street yesterday. i wanted to get back to that. we...
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176
Nov 25, 2013
11/13
by
CNBC
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eye 176
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. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with confidence. that's what ameriprise financial does. that's what they can do with you. ameriprise financial. more within reach. just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and stadiums. but, of course, it's a good listener too. [ female announcer ] today cisco i
. >> or taxed. >> or taxed. [stopwatch ticking] >> as we'll discover, those offshore gambling companies even advertise here in the u.s., and it's all perfectly legal, when 60 minutes on cnbc returns. americans take care of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way......
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94
Jan 28, 2013
01/13
by
CSPAN2
tv
eye 94
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they want to be able to get the salaries tax-deferred. eventually there is a little code put into the tax called the 401k and these high and executives get the right to put their money aside on tax-deferred basis. no one thinks anything of this except for one man who and he sees that why can this be all of us and he gets the administration to agree with his viewpoint on this in the early 1980's. the next part which almost nobody foresaw is the idea that we demand that we don't have to give people pensions, dewey? the 401k could substitute and this is where the corporate cost cutters began and they say even if you are going to match at 3% or 6% is a lot cheaper than funding the pension. besides a lot of people won't find out any way is so don't worry about that but surely over a period of many years, the numbers drift out to where we are today. >> host: this is all happening when the stock market was just waging in the 80s and 90s and people thought there were going to get 25% returns a year. >> guest: there is the opposition except for th
they want to be able to get the salaries tax-deferred. eventually there is a little code put into the tax called the 401k and these high and executives get the right to put their money aside on tax-deferred basis. no one thinks anything of this except for one man who and he sees that why can this be all of us and he gets the administration to agree with his viewpoint on this in the early 1980's. the next part which almost nobody foresaw is the idea that we demand that we don't have to give...
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104
Oct 8, 2013
10/13
by
MSNBC
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eye 104
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with the help of southern democrats and the house of representatives, president reagan passed his tax cuts. what we have now is record polarization. one party, gop likely most extreme idea logically coherent and demographically self contained party probably ever in american history. they believe despite losing the presidential election, being a minority in the senate and receiving less votes in the house they have full democratic legitimacy. they're willing to do what it takes no matter how unprecedented or destructive to impose their will. the writer calls what is shaping of a domestic cuban missile crisis where a single blunder could have unalterable consequences. i am joined now, and your piece has thousand of likes on facebook, arresting thesis, walk me through the idea. we have the constitutional system that we have. and the modern political party system. and you seem to be saying these two are on a collision course? >> that's right. now look, it's not all right constitutional system. because the debt ceiling is the, is the most explosive party of the current showdown. the debt c
with the help of southern democrats and the house of representatives, president reagan passed his tax cuts. what we have now is record polarization. one party, gop likely most extreme idea logically coherent and demographically self contained party probably ever in american history. they believe despite losing the presidential election, being a minority in the senate and receiving less votes in the house they have full democratic legitimacy. they're willing to do what it takes no matter how...
92
92
Feb 18, 2013
02/13
by
CNBC
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eye 92
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return, so what they do with their taxes is not my business. i'm a banker. >> so you would steer them to somebody who would help them hide their money? >> i would them to these service providers. >> that's correct. >> you must have known deep down that it was illegal. >> when you came into the u.s. you felt uncomfortable. that's correct. >> but as a gesture of good will, birkenfeld did give the justice department, senate investigators, irs agents, and the s.e.c. lots of information about ubs and its secret activities. >> any transaction that happened on an account was held deep in the vault and sealed until the client came to pick it up personally. then they would either take it with them, which was generally not the case, or they would tell you to shred it, which we would do on behalf of the client. >> people didn't have online accounts. >> it was forbidden. e-banking was forbidden. >> they didn't get statements in the mail. >> no. >> so if somebody wanted to know how much money they had in the bank and how their investments were doing, they h
return, so what they do with their taxes is not my business. i'm a banker. >> so you would steer them to somebody who would help them hide their money? >> i would them to these service providers. >> that's correct. >> you must have known deep down that it was illegal. >> when you came into the u.s. you felt uncomfortable. that's correct. >> but as a gesture of good will, birkenfeld did give the justice department, senate investigators, irs agents, and the...
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187
Oct 7, 2013
10/13
by
CNBC
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eye 187
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>> first thing su overhaul the tax act. it's a mess. >> the tax code is complicated. we've been talking about this for a lot of years. how come we haven't done it yet? >> we have new agenda items. obama care is something clearly the democrats wanted done during their tenure in this last session. we didn't care about taxation. yet if you want to create more jobs in this country, the number one thing to do would not have been to focus on health care. it would have been to focus on job creation, which means lower taxation, simplifying the tax code and making the path easier for entrepreneurs. i meet them every day. they want to be successful. the government seems to be in their way, not on the sidelines cheering them on anymore. >> obviously government doesn't see it that way. >> really? >> so, what is it going to take for government to actually understand what you're saying and agree with that? >> here's what we need. less government everywhere. both federally and right down to the state level. that's what we need. which equates to lower taxation, lower regulations. rem
>> first thing su overhaul the tax act. it's a mess. >> the tax code is complicated. we've been talking about this for a lot of years. how come we haven't done it yet? >> we have new agenda items. obama care is something clearly the democrats wanted done during their tenure in this last session. we didn't care about taxation. yet if you want to create more jobs in this country, the number one thing to do would not have been to focus on health care. it would have been to focus...
86
86
Apr 25, 2013
04/13
by
FBC
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eye 86
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it is to replace the tax deduction itself with a tax credit for mortgage interest payments. that's one idea. gerri: a lot of stuff out there, a lot of ideas about the mortgage deduction. you know, i feel like do you really want the industry to fully recover, and maybe you want toe think about this before you do something, and i can imagine the realtors group in washington is probably having a cow tonight. >> realtors, home builder, mortgage bankers are all having gigantic cows. [laughter] and, in fact, we have the president of the realtors who testified today. take a listen to this. >> if congress were to eliminate the mortgage interest deduction, it could mean an average tax increase of over $2500 per family. realtors realize that most believe congress would not attempt to completely eliminate mid. we hope they are right. >> i think that you're looking at some point, gerri, if there's a deal on the budget between the white house and republicans, at least a limit on the deduction for higher income families. i think that that's definitely on the table. gerri: the favorite tar
it is to replace the tax deduction itself with a tax credit for mortgage interest payments. that's one idea. gerri: a lot of stuff out there, a lot of ideas about the mortgage deduction. you know, i feel like do you really want the industry to fully recover, and maybe you want toe think about this before you do something, and i can imagine the realtors group in washington is probably having a cow tonight. >> realtors, home builder, mortgage bankers are all having gigantic cows. [laughter]...
303
303
Apr 29, 2013
04/13
by
CNBC
tv
eye 303
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. the math of retirement is different today.ek. money has to last longer. i don't want to pour over pie charts all day. i want to travel, and i want the income to do it. ishares incomes etfs. low cost and diversified. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully befo
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications...
136
136
Dec 30, 2013
12/13
by
CNBC
tv
eye 136
favorite 0
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how are you with taxes? [ laughs ] [ counselor ] and for even more cleaning power, try cascade platinum. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. >> in retrospect, giving wall street immunity from state gambling laws and legalizing activity that had been banned for most of the 20th century should have given lawmakers pause, but on the last day and the last vote of the lame duck 106th congress, wall street got what it wanted. the senate passed the bill unanimously. >> the senate stands adjourned sine die. >> there was an awful lot of, "trust us. leave it alone. we can do it better than government," without any realistic understanding of the dangers
how are you with taxes? [ laughs ] [ counselor ] and for even more cleaning power, try cascade platinum. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone...
640
640
Oct 12, 2013
10/13
by
FBC
tv
eye 640
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quote 1
we want your moneyack from chrysler and have them pay taxes. they have to be able to make money and that's the bottom line for any business. charles: i think that we are all ppy th they are in business to do wht w disagree on is how they went about it. i believe that all of them cld ha found financing and we didn't have to let them see this. that's a long and drawn out story. we can't have it both ways. we keep hearing g others going t be a manufacturing renaissance in this country and one of the prime companies that should be setting an example of this. >> yes, but right now there are 600,000 unfilled manufacturing jobs in the united states and we do not have the skills to fill those jobs in this count. i said before that whave unions holding some hostages we have a multitude of situations. >> i was going to say that if this was strictly a union issue, they could be ging to mississippi or alabama or a southern state where auto manufacturing is fighting a nonunion states. clearly there e more issues at play. >> the bottom line, maybe not a comp
we want your moneyack from chrysler and have them pay taxes. they have to be able to make money and that's the bottom line for any business. charles: i think that we are all ppy th they are in business to do wht w disagree on is how they went about it. i believe that all of them cld ha found financing and we didn't have to let them see this. that's a long and drawn out story. we can't have it both ways. we keep hearing g others going t be a manufacturing renaissance in this country and one of...
114
114
Feb 7, 2013
02/13
by
CNBC
tv
eye 114
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> down 94. were in triple digits earlier. it is february. what does this expect? it is snow and two storms are heading towards the northeast. they may merge and become a doozy beginning friday afternoon. weather channel's paul goodloe is tracking it for us. hi, paul. >> hi, how you doing? you talked about those storms merging. and they will bring the biggest dump of snow we've seen in a year and a half. new york city start with rain as we have two systems. one, a clipper across the midwest bringing detroit and michigan some snow but also the southern snow giving south some rain. they will come together an form a new storm, a nor'easter off-shore. as they do so we will plenty of wind,
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> down 94. were in triple digits earlier. it is february. what does this expect? it is snow and two storms are heading towards the northeast. they may...
76
76
Apr 26, 2013
04/13
by
KTVU
tv
eye 76
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the senate voted to advance a bill that would require online retailers to start charging sales tax. it would be sent to the state where the shopper lives the. senate will take a final vote on the bill on may 67th. that's when senators return from a week-long vacation. >>> the u.s. house of representatives is expected to pass a bill to put an end to some flight delays. it would help the faa put employees back to work. >> reporter: the senate approved the bill last night. and the house signaled it would approve the bill with a vote this morning. the house returns to capitol hill in about 45 minutes. here's a break down of the flight delays reported this week blamed directly on staffing reductions. sunday it was first day air traffic controllers were furloughed. that led to 400 flight delays. the number tripled on monday. on tuesday, just over 1,000 delays. and yesterday, the faa said more than 860 flights were held up on wednesday because of furloughed air traffic controllers. thursday's estimates are due out in the next couple hours the. bill passed by senators last night gives the f
the senate voted to advance a bill that would require online retailers to start charging sales tax. it would be sent to the state where the shopper lives the. senate will take a final vote on the bill on may 67th. that's when senators return from a week-long vacation. >>> the u.s. house of representatives is expected to pass a bill to put an end to some flight delays. it would help the faa put employees back to work. >> reporter: the senate approved the bill last night. and the...
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Dec 26, 2013
12/13
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>> all the inconvenience and stress are a hidden tax on the low, low price you initially paid for the computer. the profit margin doesn't allow for customer service. >> honestly, where do you go if you can't get it work? people buy this stuff and then they're dropped. where do they go for help? >> it is this market niche that the geeks have filled. with more and more households discovering a need for tech support, they've become as valuable as a good plumber or electrician. on the low end, there are teenagers like brandon von koschembahr, who will be happy to come over and bail you out as long as it doesn't conflict with his shift at starbucks. he does it all, lives right down the street, and his rates are reasonable-- small market share. >> well, we work with a lot of celebrities. we work with a lot of people in the music industry. >> on the high end, there is paul austi, geek to the stars. he'll buy and install all your electronics, integrate tv, cable, dvds, music, climate control and lighting onto a single custom-built remote that even i could operate. all of this for just a few h
>> all the inconvenience and stress are a hidden tax on the low, low price you initially paid for the computer. the profit margin doesn't allow for customer service. >> honestly, where do you go if you can't get it work? people buy this stuff and then they're dropped. where do they go for help? >> it is this market niche that the geeks have filled. with more and more households discovering a need for tech support, they've become as valuable as a good plumber or electrician. on...
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Jul 30, 2013
07/13
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and earlier today there was talk of the president pushing for a so-called grand bargain on taxes. our own d.c.-based reporter eamon javers is here making a rare appearance at the mother ship from his usual post in washington. eamon javers, going to get anywhere with this grand bargain? john boehner is already pushing back. >> bottom line, the house republicans looked at this thing and said it's neither grand nor much of a bargain. senate republicans coming out and saying this is a lot of the same old stuff from the president. politically though what this speech does, you see the president speaking in tennessee at an amazon.com fulfillment center. it allows the president to take center stage again and be pushing forward with economic proposals to get jobs back in this country and then it puts republicans up on capitol hill on the political defensive, making them react to what he's doing, so this may be good politics. it's not necessarily going to be policy at all in any point because republicans object hill don't like it. basically what he's saying is he wants a tax bargain where y
and earlier today there was talk of the president pushing for a so-called grand bargain on taxes. our own d.c.-based reporter eamon javers is here making a rare appearance at the mother ship from his usual post in washington. eamon javers, going to get anywhere with this grand bargain? john boehner is already pushing back. >> bottom line, the house republicans looked at this thing and said it's neither grand nor much of a bargain. senate republicans coming out and saying this is a lot of...
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May 31, 2013
05/13
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basically, we have the earnings there, it's a tax efficient way to get the funds back to the investors. i -- i have no trouble with earnings being pumped up by buy-backs. many people say that you really should add buy-backs to dividends to get the total cash yield that investors are getting, so neither of those two fronts do i think a bearish case is made. >> i have to ask you, because when we have you on you are undoubtedly a bull and you've been a bull every single time you've appeared on cnbc as far as i can tell. is there anything on the radar that could make you think twice, whether it be economic data corporate earnings anything that could change your bullish outlook? >> well you know and that is -- if yields go up too fast -- >> which would mean what? from what to what? >> well you know, so we're at 215 on the ten-year. i would get worried if it raced all the way up to three on the ten-year. >> within what time period? >> oh, in a period two or three months. i would worry if i saw inflation going up with those yields because then the fed is just -- we're going to have to tighten
basically, we have the earnings there, it's a tax efficient way to get the funds back to the investors. i -- i have no trouble with earnings being pumped up by buy-backs. many people say that you really should add buy-backs to dividends to get the total cash yield that investors are getting, so neither of those two fronts do i think a bearish case is made. >> i have to ask you, because when we have you on you are undoubtedly a bull and you've been a bull every single time you've appeared...
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Apr 27, 2013
04/13
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i think it was wrong to raise the social security taxes and also it doesn't make sense. the social security tax holiday was very important t doesn't amount to a huge amount of money per family, but, listen, it is still $1,000 and for most families $1,000 makes a big deal of difference in terms of discretionary spending. it is said that economic forecasters exist in order to make astroll engineers look good. let me warn, i am not bullish on the next quarter or the quarter following. i think that the storm clouds are too large right now. >> let me bring in around the rest of the world, too. it is not just the u.s. the imf revised its forecast for the year, the world's two largest economies, u.s. and china, expecting to see slower growth than before and europe in recession largely because many say across the board austerity. does the rest of the world slowdown mean a stall in the u.s. is inevitable and i know how you feel about. this you have just told us you think you're not bullish the next couple of quarters so i will ask you, are you concerned by what you see? 27% unemp
i think it was wrong to raise the social security taxes and also it doesn't make sense. the social security tax holiday was very important t doesn't amount to a huge amount of money per family, but, listen, it is still $1,000 and for most families $1,000 makes a big deal of difference in terms of discretionary spending. it is said that economic forecasters exist in order to make astroll engineers look good. let me warn, i am not bullish on the next quarter or the quarter following. i think that...
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Apr 26, 2013
04/13
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to me, it's flat tax reform or deregulation. keith, i think you saw with the faa which can be seen in other agencies is the difference between essential and nonessential services and individuals and that's what they're doing with the faa and that's what they should do with the other executive departments. the sequester can go through, but there has to be choices between essential and nonessential services. that's all i'm saying. that includes personnel. >> well, it's only essential if it doesn't affect you and me. >> no -- >> i think that's the problem. we have the congress here that has been bought and paid for basically by special interests. we saw with the vote last week on gun background checks, we are seeing it now with the faa furlough vote. anybody that has money and influence can buy what they want from these. that's not good for democracy. >> where is the president speaking today on planned parntdhood? >> let's get out of here. thanks to the free market panel. i appreciate it, gentleman. >>> now, for the story that ever
to me, it's flat tax reform or deregulation. keith, i think you saw with the faa which can be seen in other agencies is the difference between essential and nonessential services and individuals and that's what they're doing with the faa and that's what they should do with the other executive departments. the sequester can go through, but there has to be choices between essential and nonessential services. that's all i'm saying. that includes personnel. >> well, it's only essential if it...
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Jan 4, 2013
01/13
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-- >> is it taxed? >> minnesota is the only one specifically taxing it because it has nicotine in it. other places will just give it a regular sales tax so far. >> very interesting, jany. thank you, as always. ty, back to you. >> sue, is jack lou the right person to replace tim geithner as treasury secretary? and how will apple react it samsung widening its lead over that company in the battle for the smart phone supremecy. more ahead on our power rundown. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused.
-- >> is it taxed? >> minnesota is the only one specifically taxing it because it has nicotine in it. other places will just give it a regular sales tax so far. >> very interesting, jany. thank you, as always. ty, back to you. >> sue, is jack lou the right person to replace tim geithner as treasury secretary? and how will apple react it samsung widening its lead over that company in the battle for the smart phone supremecy. more ahead on our power rundown. i've always...
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Mar 26, 2013
03/13
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CNBC
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so the answer to this problem is not a new tax and it will eventually get passed on to the consumer. but big banks should worry. a vote in the senate does show that there is moment. >> bart, you're in the camp that says we should break up the big banks, that there is a thing, too big to fail. but what's too big? where's the watermark? at what point is that bank too big to fail? and who should decide that? >> it's a good question and does need to be studied. banks have been closed up $250 billion in assets. we roughly have five banks that are more than $500 billion in assets. it's the big five. and clearly they need to be broken up. we have a major taxpayer subsidy that we shelled out four years ago, five years ago, in terms of the bailout itself. we also now have too big to jail, with companies such as hspc, laundering over $200 trillion of money without any real penalty. >> but i think we should be skeptical of washington, because a few days before dodd/frank was signed into law, secretary geithner said this bill is too big to fail. we're figuring out now, it doesn't. >> yes, it cer
so the answer to this problem is not a new tax and it will eventually get passed on to the consumer. but big banks should worry. a vote in the senate does show that there is moment. >> bart, you're in the camp that says we should break up the big banks, that there is a thing, too big to fail. but what's too big? where's the watermark? at what point is that bank too big to fail? and who should decide that? >> it's a good question and does need to be studied. banks have been closed up...
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May 17, 2013
05/13
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. >> i looked up the property taxes. $150,000 a year. thanks for watching "street signs," everybody. >> "closing bell" is next. have a good weekend. blnk. >>> hi, everybody. we're into the final stretch. welcome to the "closing bell." special edition of the "closing bell." i'm maria bartiromo today coming to you live from the trading floor of credit suisse in new york city. >> i'm scott wapner at the new york stock exchange. bill griffeth is back on çmond. and coming up today, the rally that won't quit isn't quitting, not today, at least so far. the dow posed for its fourth consecutive winning week as stocks continue to touch new highs. maria? >> and you can be sure this market and a lot more will come up in my exclusive interview coming up with credit suisse ceo, brady dogan. we'll see where he sees equities going, the landscape, and new regulations in the banking sector. ceo of credit swooes with me, brady dougan. >> and the folks in charge of the irs when it was targeting conservative groups before congress today. we will also speak
. >> i looked up the property taxes. $150,000 a year. thanks for watching "street signs," everybody. >> "closing bell" is next. have a good weekend. blnk. >>> hi, everybody. we're into the final stretch. welcome to the "closing bell." special edition of the "closing bell." i'm maria bartiromo today coming to you live from the trading floor of credit suisse in new york city. >> i'm scott wapner at the new york stock exchange....
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Apr 5, 2013
04/13
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this government debt has got to be paid back by taxpayers, whether it's corporate tax or syringe tax. >> has the obama care expense hurt your prospects? >> just the idea of it have hurt some prospects, because nobody ly how it's all going to shake out. so what's going to happen, unfortunately, again, in our view is some of the leadership in our industry's view is that instead of adding more full-time and part-time workers, more people are going to be on a part-time basis. so that doesn't add jobs. that actually subtracts jobs. >> that's a tough thing. gentleman, thank you so much. great conversation. appreciate your time today. see you soon. >>> heading toward the close. 40 minutes left here. holding our own. the dow was down 170 at the low this morning, now it's down 88 points. >> it was interesting to hear what mike moby has said about the sell-off. he's not concerned about today's sell-off. >> we've already seen a very significant bull market, but this is just the beginning, as far as i'm concerned. >> coming up, we'll talk about whether this is a great opportunity to buy on the di
this government debt has got to be paid back by taxpayers, whether it's corporate tax or syringe tax. >> has the obama care expense hurt your prospects? >> just the idea of it have hurt some prospects, because nobody ly how it's all going to shake out. so what's going to happen, unfortunately, again, in our view is some of the leadership in our industry's view is that instead of adding more full-time and part-time workers, more people are going to be on a part-time basis. so that...
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Apr 26, 2013
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keep them running, they doled out 11 million last year in imprommer tax refund -- improper tax rebund for one time of credit. it gets worse, mercedes? >> it explains fundamental problem in washington. which is that the government is spending -- has little concern for spending 9 94 other people's money, you have case of look at report inspector general, the government could save 15.7 billion if they could just see the money wasted, 1.8 billion for medicare over payment. these are just several of figures that you can find out there tha government is more concerned about preserving its existence, they want to make sure they continue to receive money from congress, less concerned about efficiencies and putting in more market-based incentives you can see where you are losing money. neil: christian you agree with that, right? >> yeah, n you know, one thing we have to be thank full for we have government account guilty that tells us -- awon buil account bs tells but this but this highlights really the folly of sequestration as a fiscal policy, because it indiscriminately punishes all program
keep them running, they doled out 11 million last year in imprommer tax refund -- improper tax rebund for one time of credit. it gets worse, mercedes? >> it explains fundamental problem in washington. which is that the government is spending -- has little concern for spending 9 94 other people's money, you have case of look at report inspector general, the government could save 15.7 billion if they could just see the money wasted, 1.8 billion for medicare over payment. these are just...
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Mar 4, 2013
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but with a larger and larger percentage of those that don't pay taxes, it raises taxes for oenchs aothers and it is problematic. >> income built at the bottom end of our economy has done pathetic for the last 15 or 20 years. we need to figure out a way to grow the income of the middle class. we're not doing a good job of that. so therefore, the rich are paying a larger share of their taxes. i think part of the problem is taxes for everyone are too high and that makes the economy very, very stagnant. >> fundamentally, i think everybody ought to pay something. everybody ought to pay something. i got no problem with a graduated tax. but i want everybody to have a stake. >> progressive. absolutely. they are always willing to raise tax on everybody else. >> thanks, guys, appreciate it. >>> more on china's housing bubble at at the top of the hour on "street signs." >>> meantime, low for the dow is down 59. we are now very close to unchanged. can't see it. there it is. down 7, almost 8 points now. a cure for hiv. a story you might have heard about. nothing short of incredible. plus how hiv-relat
but with a larger and larger percentage of those that don't pay taxes, it raises taxes for oenchs aothers and it is problematic. >> income built at the bottom end of our economy has done pathetic for the last 15 or 20 years. we need to figure out a way to grow the income of the middle class. we're not doing a good job of that. so therefore, the rich are paying a larger share of their taxes. i think part of the problem is taxes for everyone are too high and that makes the economy very,...
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Jan 16, 2013
01/13
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you need tax reform, in my view, corporate pad taxes are too high in the competitive world we're in. get those issues in front of them and then deal with the spending issues, which primarily are in medicare-medicaid and some of the other domestic -- >> how should people feel when they read this john boehner interview where he said the president said, we don't have a spending problem. how should people feel about that? >> if he said that, there's no way to agree with that. look, we're spending 24 percent of gdp and we're taking in 16%. we've got a spending problem. part of the spending problem is the recession that we've been in. the thing you've got to remember all of this has to be designed to get strong economic growth. the goal is not to cut spending or deal with the deficit. those are vehicles to get to the main goal getting the economy to grow at a faster rate. >> it is possible for someone to look at what he thinks government should provide for its citizens and it is possible to believe that 25% of gdp should be spent on government services. it is possible that he believes that
you need tax reform, in my view, corporate pad taxes are too high in the competitive world we're in. get those issues in front of them and then deal with the spending issues, which primarily are in medicare-medicaid and some of the other domestic -- >> how should people feel when they read this john boehner interview where he said the president said, we don't have a spending problem. how should people feel about that? >> if he said that, there's no way to agree with that. look,...
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Dec 16, 2013
12/13
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start a tax-free business at startup-ny.com. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with confidence. that's what ameriprise financial does. that's what they can do with you. ameriprise financial. more within reach. every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. >> there may be no single fear as intense and as widespread as the fear of confronting a shark. they even inhabit the nightmares of people who don't swim. so it comes as a surprise that more and more people these days are seeking out sharks and paying millions of d
start a tax-free business at startup-ny.com. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with confidence. that's what ameriprise financial does. that's what they can do with you. ameriprise financial. more within reach. every day we're working to and to keep our commitments. and we've made a big...
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Apr 5, 2013
04/13
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KICU
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definitely not discrimination. - bonus round time: tax breaks: which one is the legit tax deduction, babysitter money or money for cat food? - all deductions are legitimate unless you get audited. - definitely would never say that on air. b. - you're right. it's cat food. there was a junkyard owner, and he proved that his cat killed rats and mice, so the government said ok. - boom. don't get cats. dogs. - there's the bell. thanks a lot guys. first business continues right after this. i wanted to be in the military since i was a kid. i served a total of 16 years. and at 19 years old, that's the first time i ever saw somebody die. coming back, i was raging. i started having pretty horrible nightmares. i started drinking a lot. i guess i never recognized it in myself. it all starts with going to the va. there's a whole community of veterans that just want to help you out. it's for the guys who couldn't come back, you owe it to them to live well. because they're not here with their families. traders keep talking about social media stocks, and so do we. tim biggam of moneyblock joins us n
definitely not discrimination. - bonus round time: tax breaks: which one is the legit tax deduction, babysitter money or money for cat food? - all deductions are legitimate unless you get audited. - definitely would never say that on air. b. - you're right. it's cat food. there was a junkyard owner, and he proved that his cat killed rats and mice, so the government said ok. - boom. don't get cats. dogs. - there's the bell. thanks a lot guys. first business continues right after this. i wanted...
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Apr 22, 2013
04/13
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FBC
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: charges filed in the boston and bombing the 90 killed has been charged with conspiracy to use a weapon of mass destruction and mirandize. it carries a possible death sentence he is still in a hospital in serious condition. the white house decided to try him in a federal court system instead of t
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever...
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Jul 10, 2013
07/13
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it comes from your pre-tax income and don't pay taxes on the money you contribute. even better. while your money stays in these accounts, you pay no taxes on your profits, no capital gains tax, that's compound for free. for years, tax free gives you much larger returns over decades and decades. you only pay taxes when the money is withdrawn and then it's taxed as regular income just the once. that's a sweet deal. especially if you're worried justly about tax rates on dividends or capital gains going higher. a lot of people trying to front run the change in tax law at the end of the fiscal cliff thing. many people were worried about it. however, as much as i like the tax favored status of 401(k) plans, i.r.a.s, i've got to tell you something about it that most won't say. most company plans stink. they have high management fees and administrative costs that eat into your returns, particularly when they're very low. and worst of all, they offer you lousy choices for investments. the 401(k) business is a racket for the managers who get to charge you these fees. i can't believe i sai
it comes from your pre-tax income and don't pay taxes on the money you contribute. even better. while your money stays in these accounts, you pay no taxes on your profits, no capital gains tax, that's compound for free. for years, tax free gives you much larger returns over decades and decades. you only pay taxes when the money is withdrawn and then it's taxed as regular income just the once. that's a sweet deal. especially if you're worried justly about tax rates on dividends or capital gains...
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Mar 10, 2013
03/13
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then, state tax rates and their impact on household finances. impact on household finances. later, u.s. policy toward
then, state tax rates and their impact on household finances. impact on household finances. later, u.s. policy toward
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Mar 12, 2013
03/13
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. tdd#: 1-800-345-2550 markets on the rise. tdd#: 1-800-345-2550 companies breaking through. tdd#: 1-800-345-2550 endless possibilities. tdd#: 1-800-345-2550 with schwab, i search the globe for the big movers. tdd#: 1-800-345-2550 i can trade in 30 different markets tdd#: 1-800-345-2550 to help me seize opportunities, tdd#: 1-800-345-2550 potentially better returns and new ways to diversify. tdd#: 1-800-345-2550 to get an edge, i use schwab's global research. tdd#: 1-800-345-2550 they give me equity ratings on foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, tdd#: 1-800-345-2550 momentum and risk. tdd#: 1-800-345-2550 i also have access to independent firms tdd#: 1-
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. tdd#: 1-800-345-2550 markets on the rise. tdd#: 1-800-345-2550 companies breaking through. tdd#: 1-800-345-2550 endless possibilities. tdd#: 1-800-345-2550 with...
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Apr 30, 2013
04/13
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FBC
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all those taxes under brown. liabilities from pensions at the state level and entitlement programs at the national level, they are swamped with a small amount of revenue with a short-term basis. neil: bottom line,. >> if you are eating your own arm, you can only do that so long. neil: at an imaginative way of puuting it. it's good to see you. this just in, cuts strike me as more than over the top. austerity all over the world. my goodness. @ the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone but her... no. no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ what's in your wallet? why? and we've hit the why phase... neil: if you are sick of spending comedies studies showing spending cuts are making people ill, li
all those taxes under brown. liabilities from pensions at the state level and entitlement programs at the national level, they are swamped with a small amount of revenue with a short-term basis. neil: bottom line,. >> if you are eating your own arm, you can only do that so long. neil: at an imaginative way of puuting it. it's good to see you. this just in, cuts strike me as more than over the top. austerity all over the world. my goodness. @ the capital one cash rewards card gives...
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May 28, 2013
05/13
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go -- just tax them more? >> i think we need to improve -- >> in washington, it certainly is. >> i think if we improve our air traffic control system, we'll save billions and billions of dollars in wasted money on delays and fuel costs and the airlines will make more money. i think we have put off the next jen air traffic control system for far too long. it's going to cost money. the airlines don't want to pay for it. airline passengers don't want to pay for it, congress doesn't want to pay for it, but we are wasting billions of dollars. talk about inefficiency, carol and bill and maria. >> you know, we were just looking at the various taxes you do pay. it is pretty infuriating. if you really looked at your airline tab and where that money goes, it is pretty infuriating on all those taxes. and then we can talk about hotel taxes as well. that gets in the way, too, especially here in new york city. thank you, both. i didn't expect this to solve the problem, but we at least aired it out. thank you both for joinin
go -- just tax them more? >> i think we need to improve -- >> in washington, it certainly is. >> i think if we improve our air traffic control system, we'll save billions and billions of dollars in wasted money on delays and fuel costs and the airlines will make more money. i think we have put off the next jen air traffic control system for far too long. it's going to cost money. the airlines don't want to pay for it. airline passengers don't want to pay for it, congress...